A​ ______ is a contract created in order to authorize the use of an asset in exchange for consistent compensation.

A​ ______ is a contract created in order to authorize the use of an asset in exchange for consistent compensation.

A​ ______ is a contract created in order to authorize the use of an asset in exchange for consistent compensation.



A. convertible bond

B. lease

C. secured bond

D. debenture

E. bond



Answer: B. lease


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